0001062993-11-000987 Sample Contracts

Standard Contracts

Re: Extension of Payment Dates under Option Agreement Dated September 15, 2010
Option Agreement • March 15th, 2011 • Pengram Corp • Metal mining

This will confirm our agreement that in consideration of your agreeing to accelerate the work program on the Clisbako Property by expending not less than $100,000 to complete a work program by December 31, 2010, we have agreed to extend the payments set out in paragraph 4(b) of the option agreement as follows:

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